It also gives you space to store things in a locked cupboard and create a mudroom with the laundry.

Now I have equity locked in and couldn’t qualify for a heloc due to credit as well.

With rates expected to be cut next month I would suggest a 3-6month CD to lock in the higher rate as long as you know you don’t need the money early.  

I've put all my belongings in one of the bedrooms, locked it up, and rent the house out as a 3/2.

All in it was a good time, but I just couldn't believe what these people were paying for the properties, let alone the issues that you all brought up here, city fees, previous owner notifications, and land locked locations. 

@John Bertolon we’ve noticed over the years that any decent rent increase triggers “stupid-trip” repair requests, change of owners or not.

In which the builder contributes 2% in seller concessions that are used to buy the rate down by 2% for the first year, 1% for the second year, and then for for years 3-30 the loan has the actual locked-in rate.

Or are you saying the rate may be different when you lock because the pricing is floating? 

You are locked into an iron-clad agreement to use them for management. 

What is the flow of funds - who gets paid first and what are the management feesWhat are the lock up periodWe put together a 20 question questionnaire to ask your syndicator.